SOLD IN 3 DAYS FIRM
Globe and Mail Feature Article
August 25, 2006 at 2:00 AM EST
Only three years old, this stone-and-stucco, three-bedroom house sits on a quiet dead-end street in North Toronto, yet it is only a brief walk from the bustling commercial strip along Avenue Road.
"It's a hidden gem and the best little secret in this area," agent Michael Markovich says. "It was priced quite right for the area," Mr. Markovich adds.
Two offers were made almost immediately, he notes, and the house ultimately sold for more than $50,000 over the asking price.
The two-storey home was built in 2003 on a 25- by 109-foot lot, replacing one of the many modest bungalows that once dominated the area. Most of these houses have been or are being torn down, or topped with second floors.
The spacious main floor is dotted with halogen pot lights, and features a floor-to-ceiling bay window in the living/dining room. That space also has 10-foot ceilings with crown moulding.
The family room off the limestone-and-granite kitchen boasts a gas fireplace, custom built-in shelving and a walkout to the backyard deck.
The master bedroom has a five-piece en suite bathroom, one of four in the house, as well as a gas fireplace.The two other bedrooms have cathedral ceilings.
There are two additional bedrooms in the finished basement, including one with a four-piece en suite bathroom.
Listing agent: Michael Markovich, Harvey Kalles Real Estate Ltd.
• 248 Douglas Ave.
• Asking price: $1,099,000
• Selling price: $1,150,000
• Previous selling price: $755,000 (2003)
• Taxes: $7,494 (2006)
• Days on market: three